CREACT4MED will provide a total of €15,000 euros in sub-grants to each selected entrepreneur and will aid the business support organisations (BSOs) in their activities.
Sub-grants to 6 BSOs will help to establish incubation services Sub-grants to at least 8 BSOs will help to establish incubation services for CCI entrepreneurs, particularly women and young people, to support them through the high-risk early stages of development and allow them to build competitive businesses and relevant connections. Incubation programmes will encompass a variety of mentoring, matchmaking, access to finance, and intellectual property rights services.
With a particular focus on entities led by young people and women, the CREACT4MED project provides sub-grants to at least 24 entities: start-ups; Micro, Small and Medium-Sized Enterprises (MSMEs), or civil society organisations. This support will help budding entrepreneurs to launch their businesses, harness innovation, and contribute to a thriving CCI MENA region.